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2018 Federal Budget: how will you be affected?

Posted at 09 May 2018 in Federal Budget Updates by Strategic Retirement Solutions

Introduction The Federal Treasurer, the Hon. Scott Morrison MP, delivered his third Federal Budget on 8 May 2018. Income tax cuts will be delivered over a six-year period, through a combination of tax rate threshold changes and tax offsets. With regard to superannuation, the maximum number of members...

Federal Budget 2017 – Snapshot

Posted at 10 May 2017 in Federal Budget Updates by Strategic Retirement Solutions

On Tuesday 9 May, the Federal Government handed down its Budget for the 2017–18 financial year. According to Federal Treasurer Scott Morrison, this year’s Budget is founded on the principles of fairness, security and opportunity. Mr Morrison claims that the government’s proposed measures will raise almost...